No Evidence of Housing Recovery in May Employment Report
According to the employment report released by bls this morning, employment in the "Residential building" industry continues down at the same steep rate.
The basic tools of supply and demand help immensely to understand and predict everyday events in our world. These days, many of those events are related to the Redistribution Recession of 2008-9. But I also look at other issues related to fiscal policy, labor economics, and industrial organization.
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